@@somethingsomething8511it’s not that they despise them it’s that they want them to to their research before making a massive mistake. They just want people to dig a little deeper then a sound bite
@3rdborn_Sun he loves them because they are the people who keep this country running. Only Democrats and neocons, but I repeat myself, look down on the working class
I teach history. Our society is simply not interested like other cultures. I'm ecstatic when I get even just one or two students in a class who about history is their favorite subject. I blame the STEM movement for undermining history.
History is irrelevant here. This falls under economics. The difference is that the context is different. The US is not into a recession. And yes, I do think that tariffs will have a negative effect. People will pay more for everything.
@@XB10001history is really never irrelevant and those that don’t learn from it are likely to make mistakes that don’t need to be made and I believe tariffs are generally discussed in a historical context anyway, until now almost a century later
YUP! Every history major and teacher are having meltdowns. While simultaneously starting to prep and shelter in place. Our years of reading and watching post-apocalyptic genres are going to come in handy. Just a thought.
I'm a 80 year old with English, Psychology, Sociology majors, world travels, and long years of life experiences. I have the abilility to think, understand and decipher the English language and human behaviors, and to decide what is truth and what is lies. I also know how to prepare as best I can for the insanity of what has already begun taking place that should never had been allowed the first time. God help those of us who tried and failed to save our country from this oncoming freight train of a nightmare! For the rest of you, you are guilty for having given away all of your rights. You alone are guilty of your own demise and the good life you once had. I hope you can survive long enough to get educated.
No one cares about your BA. It means nothing to someone who can just pay for one without doing the work. You stating you have a BA doesn’t make you right, nor qualified. This is what your argument sounds like to me My god is more powerful than your god And my dad can beat up your dad.
Yeah. However, I do think he could try other moethods to increase student participation. For example, ask them to talk one-on-one, to write down initial thoughts on the tarrifs by themselves, or maybe use the Harvard case-based teaching method. I am a teacher (technically assistant professor) as well and I am thinking a lot about how to engage my students more. I have not cracked the code yet, but I really hope my next course will increase participation due to my recent changes to the course. (I have 80 students at the time and teach micro- and macroecnonomics for students studyng a bachelor programme in Event management and economics). That was a long response :)
@@maryhadda8420 yeah I teach cinema studies and creative writing. Much more fun. I guess I meant I sympathize with anyone who’s stuck teaching economics in 1985!
You could play this for the red side every day till they take their last breath.... they'll still believe the 6-time bankrupt, failed casino owner, bad make-up felon of a cult leader. smfh
@@MuttonErase Ask tRump, he's done it 3 times.. Taj Mahal, Castle Casino and Plaza Hotel and Casino... all went bankrupt primarily due to heavy debt and financial mismanagement
...who TROUNCED your candidate, let's remember. Also, tariffs DO work just fine, when applied correctly. We've used them in the US for almost 250 years. You don't seem to know the difference between a tariff and a THREAT of a tariff. Trump isn't even President yet, but his threat of a tariff got Mexico to stop the caravans of illegals (which I'm sure you're sad about), and brought the Canadians to the table. He didn't have to lift a finger.
@@MuttonEraseit takes a special kind of "talent." I think the more impressive thing is managing to be *that* incompetent, *that* stupid, *that much* of a failure, and still always end up failing forward somehow. Then again, that's probably just the result of being ultra-rich.
to be perfectly fair, he's had to declare bankruptcy on a small handful of companies. He has over 300 successful enterprises. You, et al, do like to overlook that the casino is inexcusable though, no idea how that happened, probably by not calling it The Trump Card
Then it's dual. Tariffs do put more money in the country. It's more foreign money. The idea is a trickle-down effect, but the problem is always greed. It never trickles. The consumer ALWAYS suffer.
If the consumer is willing to pay the additional cost, but if you listen closely, the intent of the tariff talked about in the clip was to raise money for the federal government. Bear in mind that the federal income tax was nowhere near as large as it is today. Tariffs fail as a fundraising operation because corporations will find a way to avoid the tariffs where possible. If the point of the tariff is to encourage manufacturers to stop exploiting cheap labor in China and start employing US citizens, then I think they will be tremendously successful. That does mean that costs of goods may still go up, but employment opportunities will abound.
The Biden administration has kept most of the Trump administration tariffs in place, and in May 2024, announced tariff hikes on an additional $18 billion of Chinese goods, including semiconductors and electric vehicles, for an additional tax increase of $3.6 billion.
Well the guy in the video is Ben Stein, a Republican and former speech writer for Richard Nixon. I imagine that this is why he only wrote speeches rather than give speeches. I think RFK should take a page from his book
The Biden administration has kept most of the Trump administration tariffs in place, and in May 2024, announced tariff hikes on an additional $18 billion of Chinese goods, including semiconductors and electric vehicles, for an additional tax increase of $3.6 billion.
So funny. The actor in this clip, Ben Stein, was also a conservative Republican political commentator. He worked as a speech writer for Nixon. His father was an economist in the Nixon administration. Republicans don't seem to care that Trump is Republican In Name Only.
Trump is neither Democrat nor republican. He is in the nothing party. He knows nothing but how to bamboozle people out of their money and knows how to tell a great lie. This is a great scene that should show even a simpleton about tariffs. Trump should study for the big test. But of course Trump will get some bozo to take the test for him.
I have watched this movie several dozen times over the decades, & I don't think I've actually listened to what he was talking about once; until this clip.
But yet all the tariffs that are in place now Biden didnt do anything about and Kamala dont even know what one is,the whole point is to bring back companies to the US,I can see it working or blowing up in his face,so b4 you say something really stupid,look up what tariffs are in place now
I see, then "maga" should really be MAGDA: "Make America Greatly Depressed Again". I think I'm going to start using that acronym, as it is very accurate.
Wait 1 month. As many employers laying off people this week (100K jobs) in 6 months we are all going the live a depression. This country cannot absord and deal with the massive amount of job lay offs
Video clearly said: tariffs didn't work to *raise additional funds for the federal government* during a depression What everyone here is saying: hurdurrrr, tariffs don't work and everyone who disagrees with me is uneducated!
@@GhostRider-dp2tcbut it CAN absorb millions of people in the country illegally, causing downward pressure on wages, if you believe the last administration
Biden just put Tariffs on Chinese Electric Vehicles. Need to tell both parties, but this is also about Chinese businesses stealing IP and collaboration with Russia. Let's stop funding Russia.
The students’ faces in this clip are exactly why campaigning on financial policy is not an effective way to get through to the American electorate… they’d prefer to be given bread and circuses 🤡
I’m a teacher and the number of times I have stood in front of my class going “anyone anyone” in the most monotone voice. 😂. They have no idea what is happening and it makes me internally chortle so hard.
Thanks for being a teacher, my family has several. And you taught me a new word today: chortle. I will refrain from saying my age, but old enough to (should) have known its meaning!
@@JaneJenkins-q2y no it’s to make me laugh and get the kids attention because I am a very animated teacher. For me to drop to monotone will get immediate attention. And again it’s so funny to me because I’m a goober.
It wasn't even created until 1980 and since then our educational standards have dropped significantly, "About 40% of students in the US cannot read at a basic level". Why would we keep paying for something that clearly doesn't work?
@@chrishoman3928 Why is this not to be taught? Tariffs are not paid for by the country the goods the tariff is placed on. They are paid by the company that imports them. We had this same exact thing happen with steel when he was president before. The cost of steel in this country skyrocketed, because much of it is imported. Now, he wants to place blanket tariffs on all goods based upon the country they are manufactured in. What will this do? RAISE the costs of these good for American citizens.
@GothicElf68 I thought you democrats were against slavery ? Cotton slavery hundreds of years ago, is bad, but... you want slavery today when it comes to buying products from overseas ? You buy those sneakers for 200 bucks and some poor kid makes them for a bag of old noodles to feed his whole family. And you want to keep this going ?
Most serious politicians know that tariffs are a stupid idea. Only an exceptionally stupid person would even think about using them when their economy was already beating the world.
Whoever found this is a genius I saw this film and I completely forgot about this scene. It’s so relevant the dull eyes not paying any attention to information vital to your future
Tariffs in the 1930s is not same as tariffs in the present. There was no globalism in the 1930s; manufacturing was not outsourced globally like it is today.
@Dodo-ym8cc So what you were saying is that the consequences today will be orders of magnitude far more dire as our livelihoods are much more intertwined and tariffs ripping this Bond of trade apart will hurt billions of people.
@@FreedomTalkMedia Trump is doing a good thing to reverse globalism, it will hurt a bit in the beginning. The US thrives only on financial global monopoly, which is not backed by anything but illegal wars and regime changes. Manufacturers will move to the US to circumvent tarrifs, like it is happening already with German car manufacturers moving to the US, which was not possible 100 years ago. Back then it was not possible for manufacturers to move internationally, that is why tarrifs were a bad idea back then.
@@FreedomTalkMediaNo, what he's saying is that the tariffs will have an additional function today that they didn't have back then. Tariffs incentivize local production when used in a highly globalized market. If it costs $10 to sell each item x when making it overseas and importing it... But it cost $15 to make locally and sell... Putting a tariff on item x to make it closer to $15 to buy will raise the cost of the item... But it'll also stimulate the economy by incentivizing more local jobs. There's also the fact that the tariff bill in the 1930s was much more broad and encompassing. If a tariff gets too big (as in effective market reach or added cost per unit) then it will fail. There's also the fact that the rest of the world was also in a depression/recession because of America's. The whole global economy was in a heavy downturn and they were trying to use high tariffs as a last ditch effort to make some money. The Trump tariffs he put in place last time were not "high" tariffs, they didn't seem to be overly broad either. And China's economy is doing very well, especially compared to 1930s countries. Basically it's like trying to compare apples to oranges because they're both fruit. Yes they're both tariffs, but the world economy and the way they're being implemented is different. Maybe you guys should try to think critically instead of using Hollywood to think for you.
@@michaelknight37 🤣🤣🤣 Yet we have biblical amounts of people, that follow both parties, putting entirely too much faith into our government, that has over 200 years of failure, wars, and segregation. 😂😂😂 Seriously, if a politician says its raining outside, ita beat to check for yourself.
And filed for bankruptcy more than once, we might add. G.W. bankrupted 5 companies before the Republicans elected him to demolish the country's economy. They're very poorly educated and destructive.
HE'S A CON MAN. He stiffed suppliers, drove business after business into the ground, filed for bankruptcy, lost the MAJORITY of his inheritance, and blew money on a gold throne. HELLO? Anyone? Anyone? Anyone?
@somethingsomething8511 Actually, it explained that in our own history, tariffs had the opposite effect of what Trump is saying they will have. So many trumpers have no idea that American companies are going to be paying for the tariffs and passing the cost on to the consumer. I would feel bad for how ignorant trumpers are but all the info was available from every direction but Trump and fox news.
@@somethingsomething8511 you didn't listen to the clip then. It explains that they made the economy WORSE when applied in this way. Aka the way Trump wants to apply them.
@@somethingsomething8511It does. But let me help. Wholesale and retail...the difference is profits. The more someone pays for the wholesale item ( price + tarriff = consumer price aka retail. So if DJT puts a very high tarriff on a company, they would only pass that cost to us to keep maintain their profit margins. Instead of paying $20 it could now cost $30 or more.
It's not that Trump does not get it. It's that he does not care. His plan is to raise tariffs and dupe the voters into voting for him (unfortunately successful) then use the revenue loss as an excuse to gut and cut the so-called 'entitlement' programs like Affordable Care Act, Medicare/Medicaid, SNAP, Welfare, and SSI/SSDI. MILLIONS of people in this country rely completely or partially upon these benefits to survive. But, he doe snot care about them. I honestly believe he wants them to die.
Nobody in the comments section so far gets it. It's like arguing that you can't throw a curve ball because 48 years ago, someone threw a curve ball and it got hit out of the park.
So many people think history is a hobby or an 'elective' class in school. I've been saying it for years...reading, writing, and history are the top 3 most important subjects in a person's education.
@@Coop_Boop history/social studies can actually be a lot of fun if you have a teacher who knows how to teach it. I was lucky enough to have 3 throughout my entire education. 6th and 8th grade and college lol.
@@cmeflywva I grew up 13 miles from the White House(as the crow flies)in Maryland. I moved to Delaware 24 yrs ago because I want to live at the beach. When I have traveled around this country I say “I live in Delaware” and I’m stunned by the amount of “Where is that” responses I get. Seriously, I know every state by its location, shape, most capitals(I’m old I forget) and at least 2 or 3 big cities in every one. It’s embarrassing
This and the fact that the tax burden of funding the government and public services falls on the middle and lower classes, gives us a budget shortfall because corporations and über wealthy people don't want to pay taxes.
Trump gave two trillion of tax cuts to billionaires, and is promising more. Coincidentally Musk is planning to make two trillion of cuts to government services. The poor are funding the wealthy.
@@CharlesSheen-x6h All the other countries just reciprocate. So prices of goods across the board go up. The only one making money is the Fed while consumers are forced to pay higher prices. Basic economics.
@hiddencow3272 Robber barons wealthy, powerful and unethical American rich, who use questionable methods to eliminate competition and gain monopolies, exploit workers, don't care about customers and every decision they make is to amass wealth, power and control.
However Trumps use of tariffs is not meant to raise revenue for the federal government but to 1. Encourage more domestic production and 2. force countries that would be subject to the tariffs into better trade deals for the US.
@brianlangum6253 Right, he thinks putting a crazy tariff will encourage them to move factories to the US...to go bankrupt with our wages. I was surprised to hear him explain pretty well why he wants to do it, and I understand his point, but it hasn't worked before, it won't work this time. How screwed we would be if China just said ok, no more product to the US, it's illegal. Our society would end, everything is made in China, sadly they are the worlds near slave labor force.
People don't understand that tariffs work when you are the smaller country. We use them in the early 1800s to make goods that were imported into the United States more expensive to spurn economic development within the country. If everybody bought American because everything else was so expensive then it would make American innovation grow. However once you are the economic juggernaut when you make goods more expensive from other countries all you are doing is raising the price on yourself because the dollar has all of the buying power so everywhere else around the world is cheaper. Why would you raise prices on yourself?
@@ModernDayRenaissanceMan and the other problem is people buy imported goods like from Walmart bcz theyre cheaper and made better. And that's bcz other countries pay their labor very cheap and then use quality materials, whereas here we pay well for labor and use shhty materials. Name one American product made solely in America that people are just lining up to buy?? Lol 😆 they're more interested in their video games and XBox's.. lol I wonder how it's gonna work out for them when they can no longer afford their video games lol
Tariffs work when there is a legit reason to encourage consumers to buy domestic - like when a foreign power is flooding the market with cheap knock-offs, and the domestic products are left on the shelf. This does not make the product that's made domestically any cheaper, it only increases the price of the foreign stuff, and then, in the aftermath, increases the price of domestic-made products as the demand for it increases. The increased demand might open up new jobs, but who's going to take those jobs? Unemployment in the US is already *very* low, and Ttump is planning to deport a huge number of laborers from the country. Legal or not, plenty of jobs will be left without workers. *Maybe* big companies will raise salaries in their hunt for employment; here's for hoping. Anyone who thinks tariffs are bringing the price down will be for rude awakening.
I hope many people read your comment. It’s bad enough many don’t know what a tariff is, but I have a feeling they might not understand it even if they googled it. We need very clear, simplified answers telling not just what but also why. Many chose to blindly follow, and now all of us will suffer the consequences.
Comments about "show this to Trump" just make me laugh in the least humorous way. You think he doesn't know? You think knowing would make him care? It's like crying to show the bully how much he's hurting you, hoping that will stop him. The cruelty is the point.
This TDS is going to be a clinical diagnosis soon. Mass psychosis that was foretold to us by Orwell. This is proof the government and the media only care about control. Y'all are only mad at the one person who hates the establishment and wants to see career politicians who have achieved nothing made examples of.
This is exactly the way Trumpers act when u feed them facts & receipts.. That's y he can just blah blah about nothing throw out insults, say our Country is garbage & they all still voted for him. I'm ashamed to be an American right now SMFH
"This is exactly the way Trumpers act when u feed them facts & receipts." So show me some receipts. "I'm ashamed to be an American" So leave. Canada is a beautiful place and Mexico is usually very inexpensive. Perhaps you were looking for something more Marxist; such as Venezuela.
I’ve got a high school degree that considering my attendance and prolific drug intake is a miracle I staggered back to my seat with a diploma and I understand tariffs completely. Got that supply and demand thing figured out too , which would explain the $1.80 gas prices during the pandemic. He truly is the president of the stupid and the inbred.
@@Name-ps9fx 😂😂 . So true , I didn’t proof read 🤷🏼♂ High school diplomas basically achieved by showing up , having a pulse and shutting up. Good call out amigo
They thought it would work bc people would buy more domestic products. What happened was other countries also enacted tariffs and it hurt exports, worsening the depression.
Seems as though said tariffs were used as a way to reduce the effects of the Depression. This administration seems to be using these tariffs as a form of economic extortion. Almost feels like a bluff, too. Either way, I can’t see these other countries caving.
This video does not explain WHY tariffs don’t work. Ben Stein just says they didn’t work, and that we sunk deeper into a depression because they didn’t work…
What I love most about this scene is that Ben Stein wasn't acting. He was told to talk about something he was interested in.... as a result, the "Students" weren't acting either.... LOL. I'll bet some of them wish they'd listened now. LOL
Seeing as how China uses slave labor and has the worst human rights violations of any manufacturing nation, and seeing how those tariffs are designed to bring the sale prices UP, thus encouraging local manufacturing in a humanitarian country, I'd say this argument against tariffs is blind to the actual realities. Tariffs today are not to increase government revenue, they are to make trade against human rights violating nations more difficult. Why are the same folks demanding high taxes on local corporations, and demanding no taxes from imports? Doesn't make sense.
@@Croakin it is best to remain silent and let us all think you a fool than for you to post your ignorance and remove all doubt. Next time, try reading a book and learning before posting.
Why does everyone keep saying this, like there will be an election in 4 years? Brother, you're doomed. It's over. Starting January you will be a slave in a fascist police state where government officials have ZERO accountability
@@KennethKendall-z3k oh, no! you're right. you are all a bunch of geniuses. who doesn't want a department in the federal government named after meme? you have RUINED the US and will be hated forever. wear your stupidity however you want.
@@KennethKendall-z3k Dems and division are two words that dont go together in thid universe. Get back from that twighlight zone if you wanna talk serious stuff...fyi
@@americanpatriot.n1 "That teacher is lazy and slow and couldn't run an economy." I'd be willing to bet that "that teacher" has a better understanding of economics than you have. Someone's personality is often not reflective of their knowledge or ability. Btw, he's playing a role in a comedy.
I worked thru the first wave of tariffs as an engineer designing machinery for the factory I worked in. Overnight, costs for everything I purchased went up 25%. Nobody else cared that that money which might have paid for our raises or to hire more people was just gone. People just don't care to look into things, even if it's in their best interests. Most of these products can't be purchased from American manufacturers, or if they can, are made in such low volumes that they're 2-3x the price of their Asian competition.
"Most of these products can't be purchased from American manufacturers" Not yet. That's because it is cheaper to buy Chinese. Make Chinese more expensive and factories will come into existence. But yes, even then, more expensive because Americans are more expensive. But you might have a job that did NOT go to China.
@@futuza "why do you think it's cheaper in China?" Many reasons but two come to mind: The current leadership has embraced capitalism with a vengeance, and things like minimum wage and safety standards either do not exist or tend to be ignored. The worker situation at Foxcomm, maker of iPhones, is fairly well publicised. It is still "communist" in name, Chinese Communist Party, but capitalist at the same time. Spend some time watching Chinese Street View; what the Chinese have done is incredible after a few decades of terrible. High speed rail, modern cities, and even the surveillance system is incredible; reportedly 8 million cameras in Shenzen. About every two city blocks and not just one camera but one for each *lane* of a road. Who is watching all that? Nobody! It is all automated, AI, plate readers and face recognition. There's likely a reason iPhones are made in China since iPhones also have AI face recognition, voice recognition. Even my older Android phone knows what I am talking about and I don't have ANY voice command enabled. Anyway, anything made in China, if it has a network connection, can be told to stop working *even if* it does not otherwise reveal secrets to the Chinese. My drone may suddenly decide to not fly. But of course not just Chinese stuff; my Adobe Photoshop Essentials decided one day to stop working and that was the end of that. Anything subscription can be turned off. But your question was cheaper. But cheaper isn't the only aspect worth considering. National security is a big part of the job of President of the United States and so electronics used in the United States ought to be manufactured in the United States. But give it some time because right now, nobody beats DJI at drones. Nobody comes *close* to DJI for consumer drones.
@@thomasmaughan4798 Cool. So if you want to bring down the prices from home manufactured products in the US, you have to also do the same things: get rid of minimum wage and safety regulations, invade privacy to a disgusting degree, and turn considerable power over from the people and free market directly over to the government. The only way you compete with China, is by doing what they do: slave labor.
Right, because Tariffs were a core Democrat thing through the 70s, 80s and 90's. Unions loved tariffs because they reduced foreign competition. So, in 1986 (when the movie came out) Stein, a Republican, would have been very much against Trumps tariffs. But, Democrats would have loved them. Which points out that the current god of Republicans is actually a 1990s NY Democrat con artist who talks a good game, and says all the right things to get elected as a Republican. Remember, Trump only switched to Republican when Obama was elected, because Trump was a major "birther".
@@craigcicerello4289while what you said is true, you left a lot out. Tarrifs are different when you actually manufacture goods yourself, within your own borders. Unions wanted tariffs to encourage people to buy American and try to stop big businesses from sending all manufacturing over seas. Well that did not work, because they are greedy and Americans prefer cheap. Almost everything is manufactured over seas now. So the comparison is pretty useless, because the US economy and US manufacturing is wildly different today than it was when Democrats and unions where trying to use them.
@ Dems and unions supported tariffs in the 70s and 80s, but the 90s brought NAFTA and the offshoring of a lot of US manufacturing. There's a big difference b/w tariffs to support already existing American industry and tariffs to encourage the development of manufacturing onshore. It effectively imposes a huge sales tax on anyone who needs those goods while they don't have the option of buying those things from U.S. suppliers. Instead of taxing consumers, Biden's approach was to invest in American manufacturing and high-paying union jobs, thus more quickly developing U.S. made products that could be offered at a more fair price.
We were smarter in the 70s before Carter put in the NEA. I am for getting rid of the NEA. Give the money and power back to the states and the local where it belongs. I am a teacher right now and it obvious to me how much more stupid kids are now. Not their fault.
That's certainly MAGA voters' objective. Before voting for Trump in 2016, many of them actually stated that they just wanted someone to 'get in there a f everything up.' He's the guy. 6 bankrupted businesses on his resume.
Y'all have some short term memory issues or something? "Tarrifs don't work". Do you understand the goal of Tarrifs? Remember last time? Better trade deals being struck around the world? The goal of tarrifs is always leverage. And as America is the #2 consumer nation in the world, there's a lot of leverage to be had. It worked almost immediately last time and right now the EU and China are scrambling to put proposals together to avoid a raise in tarrifs.
Now when you see your family on Christmas make all the kids watch this 7 times so they remember it and start repeating it around their parents for months.
Congrats, and thank you! I wish everyone in the USA would watch this clip... and understand it. Unfortunately, half of our country are just as slack-jawed and empty-headed as the kids in this scene.
Thank You, I'ts been years since I've seen this movie, I forgot how dead pan this scene was! For a moment I thought it was The Breakfast Club, Thanks for the Title and Context.
@@donaldcarpenter5328 probably because there was an assumption that most American adults would know what a tariff was by then. Or that adults would take ten seconds to educate themselves *before* voting. I mean, it’s not like most Americans don’t have the entirety of human history available to them in the palm of their hands to answer questions should they want to be an informed voter. Oh I do hope the dripping sarcasm came across just then. (Not at you, just… them.)
actually no h said it didnt work but not why it didnt work. the stock market was being manipulated and it made it unstable. no matter what they did until the stock market was no longer manipulated would ultimately fail. thats a very huge thing to leave out isnt it.
@@Tophtoph24 A certain German fella with the initials A.H. rose to power and bamboozled the German people into hatred, scapegoating, and dismantling the government to its core. Wait, no, that'll be the US in 2025.
I googled "mass deportation in the 1930's" and this is what came up: "During the Great Depression, the United States deported and repatriated Mexican Americans and Mexicans between 1929 and 1939, in a period known as the Mexican Repatriation. Estimates of the number of people affected range from 300,000 to 2 million, with 40-60% of those being US citizens, many of whom were children born to first-generation immigrants." But, hey, what does a born-again Christian Puerto Rican like me know about U.S. history or how to use the Internet to do my own research? I'm just a guy from the "island of garbage".
They'll just tell you this is a targeted attack on Trump by the Dems initiated 38 years ago. Because, you know, Dems have space lasers, weather generators AND time machines...but still can't seem to "rig" an election.
@@DannyTimms-j8qfrom historic example? Yeah, I would say so. Something Republicans could bother looking into, instead of just listening to their favorite brand of fascist.
@@DannyTimms-j8q you look at something done in moderation doing well and think "alright cool, let's do as much of that as possible", because you are a simple minded fool. You are right, the moderate tarrifs placed in strategic places did help localize manufacturing. Placing a broad strokes tarrif on imports from a country will only serve to raise prices by an equal amount on things that we NEED to import from them. Read a book, if you had you might have learned about this tarrif policy and it's affects from somewhere other than here.
@@thomasmaughan4798 WTF? Tariffs have nothing to do with gas prices. Gas prices were lower in the 2010s because Russia didn't invade Ukraine and cause an international supply shortage until 2022.
@@XandateOfHeaven "Tariffs have nothing to do with gas prices." Unless of course the tariff IS on petroleum but I believe we are talking about manufacturing and China, primarily. It is trivial to look at my receipts and see a big jump almost to the day Joe Biden took office and canceled the keystone pipeline as well as drilling leases. That was his campaign promise and, odd as it may seem, one he kept with predictable results. Obama also boasted of going to cause much higher energy prices, and he was right! Obama; gasoline $4. Trump, gasoline $2.80. Biden, gasoline $4. That's here. Californians add $3 to each of these figures.
![Noob To Max With DRAGON REWORK In Blox Fruits [FULL MOVIE]](http://i.ytimg.com/vi/LnBMOinoOvA/mqdefault.jpg)
![I.N "HALLUCINATION" | [Stray Kids : SKZ-PLAYER]](http://i.ytimg.com/vi/n5B5q1Hwt_U/mqdefault.jpg)
He did say he loved the uneducated
And the Democrats despise them
@@somethingsomething8511They do???? Why are blue cities filled with illiteracy rates then?
@@somethingsomething8511it’s not that they despise them it’s that they want them to to their research before making a massive mistake. They just want people to dig a little deeper then a sound bite
He loves them because they will believe anything he says without questions. Trump sounds smart to them.
@3rdborn_Sun he loves them because they are the people who keep this country running. Only Democrats and neocons, but I repeat myself, look down on the working class
This actor, Ben Stein, actually worked in the whitehouse...anyone, under Nixon.
😆😂
Duhhhhhhhhhh………hahahahahahaha !!!!
I lived in a white house
😂😂😂
Really, I never knew that
What's sad is I get the same expressions from grown adults when I try to explain how tariffs actually work.
Grown adults that are Trump supporters.
Same 🤦♀️🤷♀️why??? Makes you wonder how many students actually paid attention. We’re doomed 😢😂
😂😂😂
Those kids grew up, ya know!
I am sure you guys are super qualified and very expert regarding tariffs. Shame nobody listens to you.
Ben Stein had no script for this part of the movie. He improvised on what he knew best, economics, which he loves.
Judging by the disaster that was the Nixon regime, he doesn't know much about economics.
I honestly don’t think the actors playing the students were scripted either; they were just d.o.a. 😅
Well of course they didn't have his part scripted. It's what happens when you get Temu Harold Ramis.
@rcslyman8929, no such thing as Temu back then. Try being a little more relevant.
@@garethbuckley8700 If it's "back then", wouldn't that make it being less relevant?
This is WHY we need to teach our children history.
I teach history. Our society is simply not interested like other cultures. I'm ecstatic when I get even just one or two students in a class who about history is their favorite subject. I blame the STEM movement for undermining history.
History is irrelevant here. This falls under economics.
The difference is that the context is different. The US is not into a recession.
And yes, I do think that tariffs will have a negative effect. People will pay more for everything.
@@RazoJ20
"If we learn one thing from History it is that we learn nothing from History."
- Hegel (Bronowski's disdain for the man, notwithstanding).
@@RazoJ20 tha STEM movement made it possible for you to post that comment.
@@XB10001history is really never irrelevant and those that don’t learn from it are likely to make mistakes that don’t need to be made and I believe tariffs are generally discussed in a historical context anyway, until now almost a century later
I have a BA in History. This is what I’ve been SCREAMING.
THANK YOU.
YUP! Every history major and teacher are having meltdowns. While simultaneously starting to prep and shelter in place.
Our years of reading and watching post-apocalyptic genres are going to come in handy. Just a thought.
People who don't know their history are doomed to repeat it.
I'm a 80 year old with English, Psychology, Sociology majors, world travels, and long years of life experiences. I have the abilility to think, understand and decipher the English language and human behaviors, and to decide what is truth and what is lies.
I also know how to prepare as best I can for the insanity of what has already begun taking place that should never had been allowed the first time.
God help those of us who tried and failed to save our country from this oncoming freight train of a nightmare! For the rest of you, you are guilty for having given away all of your rights. You alone are guilty of your own demise and the good life you once had. I hope you can survive long enough to get educated.
Don't Look Up, Leonardo.
No one cares about your BA. It means nothing to someone who can just pay for one without doing the work. You stating you have a BA doesn’t make you right, nor qualified. This is what your argument sounds like to me
My god is more powerful than your god
And my dad can beat up your dad.
When I was 8, I saw this movie and thought the teacher (Ben Stein) was super boring.
Now I’m a teacher and completely sympathize with him.
Yeah. However, I do think he could try other moethods to increase student participation. For example, ask them to talk one-on-one, to write down initial thoughts on the tarrifs by themselves, or maybe use the Harvard case-based teaching method. I am a teacher (technically assistant professor) as well and I am thinking a lot about how to engage my students more. I have not cracked the code yet, but I really hope my next course will increase participation due to my recent changes to the course. (I have 80 students at the time and teach micro- and macroecnonomics for students studyng a bachelor programme in Event management and economics). That was a long response :)
It's like how you identify with Spongebob as a kid and then one day you realize you understand Squidward a lot more than you used to.
This
He was super boring. I hope you're better able to engage the students' attention than he was.
@@maryhadda8420 yeah I teach cinema studies and creative writing. Much more fun. I guess I meant I sympathize with anyone who’s stuck teaching economics in 1985!
You could play this for the red side every day till they take their last breath.... they'll still believe the 6-time bankrupt, failed casino owner, bad make-up felon of a cult leader. smfh
how tf do you fail as a casino owner
@@MuttonErase Ask tRump, he's done it 3 times.. Taj Mahal, Castle Casino and Plaza Hotel and Casino... all went bankrupt primarily due to heavy debt and financial mismanagement
...who TROUNCED your candidate, let's remember. Also, tariffs DO work just fine, when applied correctly. We've used them in the US for almost 250 years. You don't seem to know the difference between a tariff and a THREAT of a tariff. Trump isn't even President yet, but his threat of a tariff got Mexico to stop the caravans of illegals (which I'm sure you're sad about), and brought the Canadians to the table. He didn't have to lift a finger.
@@MuttonEraseit takes a special kind of "talent." I think the more impressive thing is managing to be *that* incompetent, *that* stupid, *that much* of a failure, and still always end up failing forward somehow. Then again, that's probably just the result of being ultra-rich.
to be perfectly fair, he's had to declare bankruptcy on a small handful of companies. He has over 300 successful enterprises. You, et al, do like to overlook that
the casino is inexcusable though, no idea how that happened, probably by not calling it The Trump Card
He didn't explain why at all. He just said it didn't work. The explanation is really simple: it is always the consumer who pays any additional costs
Then it's dual.
Tariffs do put more money in the country. It's more foreign money. The idea is a trickle-down effect, but the problem is always greed. It never trickles. The consumer ALWAYS suffer.
@@simonhowell4486the US IMPORTER pays the tariff to the federal government. Consider it an additional tax. The foreign company pays nothing extra
If the consumer is willing to pay the additional cost, but if you listen closely, the intent of the tariff talked about in the clip was to raise money for the federal government. Bear in mind that the federal income tax was nowhere near as large as it is today. Tariffs fail as a fundraising operation because corporations will find a way to avoid the tariffs where possible. If the point of the tariff is to encourage manufacturers to stop exploiting cheap labor in China and start employing US citizens, then I think they will be tremendously successful. That does mean that costs of goods may still go up, but employment opportunities will abound.
The Biden administration has kept most of the Trump administration tariffs in place, and in May 2024, announced tariff hikes on an additional $18 billion of Chinese goods, including semiconductors and electric vehicles, for an additional tax increase of $3.6 billion.
@@objectsubjectivity A kernel of truth there, but I'm not sure I trust this admin's carnival of idiots to actually pull that off
As a kid I thought this was boring. Now As a Finance and Accounting major working as a legal administrator, I love this
Yea we WERE taught this in school but basically ignored it because it was so unrelatable - and boring: “Anyone? Anyone?” 😁
Well the guy in the video is Ben Stein, a Republican and former speech writer for Richard Nixon. I imagine that this is why he only wrote speeches rather than give speeches. I think RFK should take a page from his book
The Biden administration has kept most of the Trump administration tariffs in place, and in May 2024, announced tariff hikes on an additional $18 billion of Chinese goods, including semiconductors and electric vehicles, for an additional tax increase of $3.6 billion.
Lol CPA here. I read Sowell for fun.
Tara's work for the government because they collect the money and the buyer pays the higher price, the good-looking any money out of the government😮
So funny. The actor in this clip, Ben Stein, was also a conservative Republican political commentator. He worked as a speech writer for Nixon. His father was an economist in the Nixon administration.
Republicans don't seem to care that Trump is Republican In Name Only.
Trump is clearly the Republican party now, it's not up for debate
Trump is the ORIGINAL RINO. also a BINO, billionaire in name only.
I met Ben Stein, just randomly. Nice guy.
Trump is neither Democrat nor republican. He is in the nothing party. He knows nothing but how to bamboozle people out of their money and knows how to tell a great lie. This is a great scene that should show even a simpleton about tariffs. Trump should study for the big test. But of course Trump will get some bozo to take the test for him.
@@victoriaeads6126was his dad Herb Stein?
I have watched this movie several dozen times over the decades, & I don't think I've actually listened to what he was talking about once; until this clip.
Me, too!! 😂
Things that we just found amusing hits different when we grow
Dido! I actually wish I didn't toss my copy, bc I'd love to verify 😅
Remember when he starts talking about voodoo economics lol
Exactly
The irony is that Trump has said he doesn't want to be the next Herbert Hoover yet Hoover supported the tariff act and was blamed for its failure.
Any thing he says it's usually the opposite. He lives in the upside down
But yet all the tariffs that are in place now Biden didnt do anything about and Kamala dont even know what one is,the whole point is to bring back companies to the US,I can see it working or blowing up in his face,so b4 you say something really stupid,look up what tariffs are in place now
what did Elon said? Anyone? Anyone? "there will be hardship!" Not for him of course....
Well, The Traitor is a complete and total moron.
@@dustyking8851you must check under your bed for trump every night
it's almost been 100. years since the Great Depression. Great is such a good word...where have we seen that Again?
I see, then "maga" should really be MAGDA: "Make America Greatly Depressed Again".
I think I'm going to start using that acronym, as it is very accurate.
I think we saw it when they put their heads in the sand. Er... I mean, their hats. Errr... I mean, their cults.
Wait 1 month. As many employers laying off people this week (100K jobs) in 6 months we are all going the live a depression.
This country cannot absord and deal with the massive amount of job lay offs
Video clearly said: tariffs didn't work to *raise additional funds for the federal government* during a depression
What everyone here is saying: hurdurrrr, tariffs don't work and everyone who disagrees with me is uneducated!
@@GhostRider-dp2tcbut it CAN absorb millions of people in the country illegally, causing downward pressure on wages, if you believe the last administration
History repeats when people are uneducated about history!
Yes maga voters😊
Biden just put Tariffs on Chinese Electric Vehicles. Need to tell both parties, but this is also about Chinese businesses stealing IP and collaboration with Russia. Let's stop funding Russia.
The students’ faces in this clip are exactly why campaigning on financial policy is not an effective way to get through to the American electorate… they’d prefer to be given bread and circuses 🤡
@@ivanramirez9576 And TRump
🎉💯
I’m a teacher and the number of times I have stood in front of my class going “anyone anyone” in the most monotone voice. 😂. They have no idea what is happening and it makes me internally chortle so hard.
Thanks for being a teacher, my family has several. And you taught me a new word today: chortle. I will refrain from saying my age, but old enough to (should) have known its meaning!
Is that because you know you're teaching a boring section of the subject and think there's no point in trying to get the kids engaged?
Internally, it sounds like you don’t actually care.
@@JaneJenkins-q2y no it’s to make me laugh and get the kids attention because I am a very animated teacher. For me to drop to monotone will get immediate attention. And again it’s so funny to me because I’m a goober.
I will send this to my almost 40yo teacher son! ♥️
Now the department of education is going to be defunded… let that sink in.
America is about to get dumber. And it's already dumb as is.
@@UnknownCaller-e7o stupid is as stupid does.
The World: Americans are kinda dump.
Americans: hold my Cheeseburger
It's been said over and over - but Idiocracy is happening
It wasn't even created until 1980 and since then our educational standards have dropped significantly, "About 40% of students in the US cannot read at a basic level".
Why would we keep paying for something that clearly doesn't work?
After all these years, Ferris Bueller’s Day Off, is still teaching me things.
😂😂😂😂😂
So is Idiocracy
The key to be taught the truth. Not this an what's taught today.
@@chrishoman3928 Why is this not to be taught? Tariffs are not paid for by the country the goods the tariff is placed on. They are paid by the company that imports them. We had this same exact thing happen with steel when he was president before. The cost of steel in this country skyrocketed, because much of it is imported. Now, he wants to place blanket tariffs on all goods based upon the country they are manufactured in. What will this do? RAISE the costs of these good for American citizens.
@GothicElf68
I thought you democrats were against slavery ? Cotton slavery hundreds of years ago, is bad, but... you want slavery today when it comes to buying products from overseas ?
You buy those sneakers for 200 bucks and some poor kid makes them for a bag of old noodles to feed his whole family.
And you want to keep this going ?
Please show this to Congress.
Congress will react the same way the students do... Well... At least one side of the aisle will.
@@2morrowillcomeBoth sides ... don't overestimate anyone there.
Bro, they dont give af..
They just want to subjugate ppl in vulnerable situations.
Most serious politicians know that tariffs are a stupid idea.
Only an exceptionally stupid person would even think about using them when their economy was already beating the world.
They would just call it a hoax
Whoever found this is a genius I saw this film and I completely forgot about this scene. It’s so relevant the dull eyes not paying any attention to information vital to your future
Tariffs in the 1930s is not same as tariffs in the present. There was no globalism in the 1930s; manufacturing was not outsourced globally like it is today.
@Dodo-ym8cc
So what you were saying is that the consequences today will be orders of magnitude far more dire as our livelihoods are much more intertwined and tariffs ripping this Bond of trade apart will hurt billions of people.
@@FreedomTalkMedia Trump is doing a good thing to reverse globalism, it will hurt a bit in the beginning. The US thrives only on financial global monopoly, which is not backed by anything but illegal wars and regime changes. Manufacturers will move to the US to circumvent tarrifs, like it is happening already with German car manufacturers moving to the US, which was not possible 100 years ago. Back then it was not possible for manufacturers to move internationally, that is why tarrifs were a bad idea back then.
A nation that doesn't know its History is doomed to repeat its mistakes.
@@FreedomTalkMediaNo, what he's saying is that the tariffs will have an additional function today that they didn't have back then. Tariffs incentivize local production when used in a highly globalized market.
If it costs $10 to sell each item x when making it overseas and importing it... But it cost $15 to make locally and sell... Putting a tariff on item x to make it closer to $15 to buy will raise the cost of the item... But it'll also stimulate the economy by incentivizing more local jobs.
There's also the fact that the tariff bill in the 1930s was much more broad and encompassing. If a tariff gets too big (as in effective market reach or added cost per unit) then it will fail. There's also the fact that the rest of the world was also in a depression/recession because of America's. The whole global economy was in a heavy downturn and they were trying to use high tariffs as a last ditch effort to make some money.
The Trump tariffs he put in place last time were not "high" tariffs, they didn't seem to be overly broad either. And China's economy is doing very well, especially compared to 1930s countries.
Basically it's like trying to compare apples to oranges because they're both fruit. Yes they're both tariffs, but the world economy and the way they're being implemented is different.
Maybe you guys should try to think critically instead of using Hollywood to think for you.
Idiocracy is now a documentary.
Or a blueprint!😢
and the reality in which we must function!
🤣😂😆
Always was
And a prophecy
Those who fail to learn from history are condemned to repeat it.
or just have a basic understanding of economics.
Sadly, those of us who did learn from history are also doomed to repeat it because of all the idiots who didn't learn.
Tell that to literally every president since you were born. They all impose tariffs.
@@michaelknight37 🤣🤣🤣 Yet we have biblical amounts of people, that follow both parties, putting entirely too much faith into our government, that has over 200 years of failure, wars, and segregation. 😂😂😂
Seriously, if a politician says its raining outside, ita beat to check for yourself.
It's easier to just blame the other guy.
We got a person who filed for bankruptcy making financial decisions for the country.
A man who was found guilty of inflating his assets will somehow fix inflation. Got it.
And filed for bankruptcy more than once, we might add. G.W. bankrupted 5 companies before the Republicans elected him to demolish the country's economy. They're very poorly educated and destructive.
HE'S A CON MAN. He stiffed suppliers, drove business after business into the ground, filed for bankruptcy, lost the MAJORITY of his inheritance, and blew money on a gold throne. HELLO? Anyone? Anyone? Anyone?
And was close friends with Epstein…
At least six times. And...the least of his immoral acts.
I’ve been quoting this FOREVER and have been waiting for someone to post it “…anyone…anyone…”👏👏👏😁👍
Keeping people ignorant is a gift to the demagogues.
Many people keep themselves ignorant: 3 such examples are shown in this clip, and those students are today wearing red baseball caps.
The leader is ignorant, as well.
No, to the bankers!
you mean democrats
And a gift to the self appointed demigods
Never would have guessed Ferris Bueller would come back with a lesson in tariffs.
It explains literally nothing about tariffs 😂
@somethingsomething8511 Actually, it explained that in our own history, tariffs had the opposite effect of what Trump is saying they will have.
So many trumpers have no idea that American companies are going to be paying for the tariffs and passing the cost on to the consumer.
I would feel bad for how ignorant trumpers are but all the info was available from every direction but Trump and fox news.
Right?! No pun was intended.
@@somethingsomething8511 you didn't listen to the clip then. It explains that they made the economy WORSE when applied in this way. Aka the way Trump wants to apply them.
@@somethingsomething8511It does. But let me help.
Wholesale and retail...the difference is profits. The more someone pays for the wholesale item ( price + tarriff = consumer price aka retail. So if DJT puts a very high tarriff on a company, they would only pass that cost to us to keep maintain their profit margins.
Instead of paying $20 it could now cost $30 or more.
He still wouldn't get it
He wouldn’t care
@@burntblonde2925Right.
It's not that Trump does not get it. It's that he does not care. His plan is to raise tariffs and dupe the voters into voting for him (unfortunately successful) then use the revenue loss as an excuse to gut and cut the so-called 'entitlement' programs like Affordable Care Act, Medicare/Medicaid, SNAP, Welfare, and SSI/SSDI. MILLIONS of people in this country rely completely or partially upon these benefits to survive. But, he doe snot care about them. I honestly believe he wants them to die.
Nobody in the comments section so far gets it. It's like arguing that you can't throw a curve ball because 48 years ago, someone threw a curve ball and it got hit out of the park.
The billionaire democrats are mad that they have to provide work for Americans now and can’t use Chinese slaves.
"Those who cannot remember the past are condemned to repeat it"
So many people think history is a hobby or an 'elective' class in school. I've been saying it for years...reading, writing, and history are the top 3 most important subjects in a person's education.
Add 1 more: Math … so people can calculate how much these tariffs will cost them
I’m going to add geography, economics, and government to the list.
history is so cool, but history class is terrible. whoever designed them missed the whole point.
@@Coop_Boop history/social studies can actually be a lot of fun if you have a teacher who knows how to teach it. I was lucky enough to have 3 throughout my entire education. 6th and 8th grade and college lol.
@@cmeflywva I grew up 13 miles from the White House(as the crow flies)in Maryland. I moved to Delaware 24 yrs ago because I want to live at the beach. When I have traveled around this country I say “I live in Delaware” and I’m stunned by the amount of “Where is that” responses I get. Seriously, I know every state by its location, shape, most capitals(I’m old I forget) and at least 2 or 3 big cities in every one.
It’s embarrassing
Those who don’t learn from history are doomed to repeat it.
History don't repeat, rhymes though.
Yeah the democrats are a flashback to mao
@@bb5979nice take really astounding
@@bb5979 Are you homeschooled?
@@bb5979 Thank you for providing an excellent example of why education is so important.
They should make this an advert and show this around America
Absolutely ooo
Democrats are not that clever
I don't think it matters.... experts have BEEN speaking on this and they elected frump anyway
Its totally irrelevant to today so not really.
I don't think it would have the impact it should...they don't seem to care about what he says & does....as long as he's prez🤷
Amazing!!! Thank you for making this connection to today's events.
The billionaire democrats are mad that they have to provide work for Americans now and can’t use Chinese slaves because of the tariffs.
I have long said that it would be good to create an Econ 101 coloring book for MAGA. Then, a friend said "No, they'd just eat the crayons."
Stock markets are rising
But u want communism ,ya got it.
@@PeterD-h7vWhat communism? The Democratic Party isn’t even left. It’s still very much Center right.
No one is listening to the party that thought printing trillions of dollars while locking the country down wouldn't cause inflation
@Shawblade they've BEEN high cultist. What's yer fvckin point, princess?
This and the fact that the tax burden of funding the government and public services falls on the middle and lower classes, gives us a budget shortfall because corporations and über wealthy people don't want to pay taxes.
The top 10% pay more than half the taxes
Actually the middle class which is the biggest percentage of people only pay about 8% of all taxes collected
Hey, wait! Weren’t we going to cut corporate taxes and they were going to trickle on us? Have we been trickled on yet?
Trump gave two trillion of tax cuts to billionaires, and is promising more.
Coincidentally Musk is planning to make two trillion of cuts to government services.
The poor are funding the wealthy.
@@andyinmotion6877
Robert Reich posted this the other day:
TRICKLE DOWN
TRICKLE DOW
TRICKLE D
TRICKLE
TRICKL
TRICK
Tariffs = A tax on Americans who purchased goods
People just don't get it.
No that’s not what it is it is making countries pay
@@CharlesSheen-x6h All the other countries just reciprocate. So prices of goods across the board go up. The only one making money is the Fed while consumers are forced to pay higher prices. Basic economics.
@@CharlesSheen-x6h Didn't you just hear that clip? We gonna pay more. Just like Bush, Sr.
"No new taxes..."
Then he added new stuff to the old taxes.
@@ESolo Trump will make us rich
We are currently reliving the past. Tariffs, robber barons and republicans who don't know how to govern.
M - ME ME ME ME ME
A - AAAAAAGH
G - GIMME GIMME GIMME
A - AAAAAAGH
Not really many robber barons right now. Definitely rich people but it would be hard to actually consider them the same as the real robber barons
@hiddencow3272 Robber barons
wealthy, powerful and unethical American rich, who use questionable methods to eliminate competition and gain monopolies, exploit workers, don't care about customers and every decision they make is to amass wealth, power and control.
Hopefully that means we'll also see a repeat of the New Deal then...
@@azurefire-91 We will. A modernized version.
Holy smokes I remember this! Whoever found this and put it together is gold!
Put it together? The writer and director of the movie "put it together", someone else did a Google or ChatGpt search & posted a clip!
Ferris buellers day off is a classic. I can't believe this. I did economics and as a kid never noticed this.. thank you
However Trumps use of tariffs is not meant to raise revenue for the federal government but to 1. Encourage more domestic production and 2. force countries that would be subject to the tariffs into better trade deals for the US.
@@brianlangum6253 And did the work the first time he did that. Anyone? Anyone? No it dint.
@brianlangum6253 Right, he thinks putting a crazy tariff will encourage them to move factories to the US...to go bankrupt with our wages. I was surprised to hear him explain pretty well why he wants to do it, and I understand his point, but it hasn't worked before, it won't work this time. How screwed we would be if China just said ok, no more product to the US, it's illegal. Our society would end, everything is made in China, sadly they are the worlds near slave labor force.
This class was full of trump supporters
hahahaha
😂😂😂😂
@@petrol11 Google is TRYING to be helpful by tRaNsLaTiNg your comment...
😂😂😂😂😂😂😂😂😂😂😂😂😂
@@patwick7351apparently it’s one ha fewer in English 🤣
People don't understand that tariffs work when you are the smaller country. We use them in the early 1800s to make goods that were imported into the United States more expensive to spurn economic development within the country. If everybody bought American because everything else was so expensive then it would make American innovation grow.
However once you are the economic juggernaut when you make goods more expensive from other countries all you are doing is raising the price on yourself because the dollar has all of the buying power so everywhere else around the world is cheaper. Why would you raise prices on yourself?
@@ModernDayRenaissanceMan and the other problem is people buy imported goods like from Walmart bcz theyre cheaper and made better. And that's bcz other countries pay their labor very cheap and then use quality materials, whereas here we pay well for labor and use shhty materials. Name one American product made solely in America that people are just lining up to buy?? Lol 😆 they're more interested in their video games and XBox's.. lol I wonder how it's gonna work out for them when they can no longer afford their video games lol
So your buddies could rake in the cash, DUH!
@@mistygomez3036 the US makes a lot of plastic storage boxes according to what's in my own house
Tariffs work when there is a legit reason to encourage consumers to buy domestic - like when a foreign power is flooding the market with cheap knock-offs, and the domestic products are left on the shelf.
This does not make the product that's made domestically any cheaper, it only increases the price of the foreign stuff, and then, in the aftermath, increases the price of domestic-made products as the demand for it increases.
The increased demand might open up new jobs, but who's going to take those jobs? Unemployment in the US is already *very* low, and Ttump is planning to deport a huge number of laborers from the country. Legal or not, plenty of jobs will be left without workers. *Maybe* big companies will raise salaries in their hunt for employment; here's for hoping.
Anyone who thinks tariffs are bringing the price down will be for rude awakening.
I hope many people read your comment. It’s bad enough many don’t know what a tariff is, but I have a feeling they might not understand it even if they googled it. We need very clear, simplified answers telling not just what but also why. Many chose to blindly follow, and now all of us will suffer the consequences.
"Those who forget their history are condemned to repeat it" - _George Santayana_
And this is why we still need Schoolhouse rock. 😅😂
It's how I learned the preamble.
@@DanielHBuchmannand how I learned about a bill becoming a law.
YES!!
& Conjunction Junction... I learned all those and more, there. Also learned a little Español on Sesame Street, from the Count. 💙
@@chillnophone2024 Interjection! was one of my faves.
Comments about "show this to Trump" just make me laugh in the least humorous way. You think he doesn't know? You think knowing would make him care?
It's like crying to show the bully how much he's hurting you, hoping that will stop him. The cruelty is the point.
At least can say they tried to teach the orange toddler something about life.
Disaster Capitalists
That's s Democrat thing.....How to Understand the Well-Being Gap between Liberals and Conservatives
by Musa al-Gharbi Chan, E. Y. (2019).
This TDS is going to be a clinical diagnosis soon. Mass psychosis that was foretold to us by Orwell. This is proof the government and the media only care about control. Y'all are only mad at the one person who hates the establishment and wants to see career politicians who have achieved nothing made examples of.
Nah I think he probably just knows that the tariffs at that time were about 60% and THATS the reason why it failed 😂
This is exactly the way Trumpers act when u feed them facts & receipts.. That's y he can just blah blah about nothing throw out insults, say our Country is garbage & they all still voted for him. I'm ashamed to be an American right now SMFH
The best part is, Ben Stein voted for him three times.
"This is exactly the way Trumpers act when u feed them facts & receipts."
So show me some receipts.
"I'm ashamed to be an American"
So leave. Canada is a beautiful place and Mexico is usually very inexpensive. Perhaps you were looking for something more Marxist; such as Venezuela.
Who was the last president to use a tariff?
@@criticalevent why trust the experts when we can trust a youtube shorts channel that can't even make an accurate caption am I right?
Jesus Christ those expressions 😅😅
"No thoughts, head empty" just, wow
The lead paint stare is chefs kiss
That's making a comeback too, sadly...
@@151riley With Trump's deregulations, I wouldn't be surprised if we start getting lead in paint and gasoline again lmao
@@151rileyand with the brainslug in charge of health regulations maybe leader gasoline will make a comeback too
@@futuza - which is terrific for me as a proud pedestrian.
@@chrisrj9871 You uh...definitely don't want cars using leaded gasoline, even if you're walking.
HAHAHAHA! Classroom full of mouth breathers 😅
Right! This scene was showing us 2024.
Knuckle-dragging mouth breathers.
Hey those students look like trump supporters too 🤣🤣🤣
I know. I didn't see anyone with nose rings or green hair.
@@jburner4299nose ring and green hair does NOT measure intelligence.
@@jburner4299He means because they have Resting Lobotomy Faces like you do.
So..... they're "winners"???
@@michellewilson2995 Yeah, it measures the opposite.
I just can't unhear "dry eyes?" Every time I see Ben Stein.
It’s too late 😭 and common sense can’t be taught
This is perfect. This is exactly what trying to explain anything to maga is like. Anyone anyone ya of course not.
Cool. Now what’s a woman? I’ll give you a couple years to figure it out.
@@fackrez11 Adult human female :D Are there more big words we need to explain to you? :D
"This is exactly what trying to explain anything to maga is like"
So what is your explanation?
@@thomasmaughan4798 my explanation of?
How long has it been since a president has used a tariff?
This is freaking gold!
What was once boring is now terrifying. Those who sleep through classes about history are condemned to repeat it.
I’ve got a high school degree that considering my attendance and prolific drug intake is a miracle I staggered back to my seat with a diploma and I understand tariffs completely.
Got that supply and demand thing figured out too , which would explain the $1.80 gas prices during the pandemic. He truly is the president of the stupid and the inbred.
Don't forget bigots, neo-N@z!s, and authoritarian control-oholics. I agree with you! As it stands right now, we are doomed. 😭
"Degree"? Such a fancy word for what is a basic education.
@@Name-ps9fx 😂😂 . So true , I didn’t proof read 🤷🏼♂
High school diplomas basically achieved by showing up , having a pulse and shutting up. Good call out amigo
Stoner dropout here, right behind you bro. I'm not sure I've ever been in such an altered state that I'd Not-See through the Republican BS.
That was also the price pre-pandemic bud.
Why in the world would they think tariffs would alleviate the great depression? that doesn't make any sense
Republican line of thinking is decades old
Why do they think it’s gonna work now? After it failed previously? We will always be asking these questions to republicans
This isn't saying tariffs alleviated the Great Depression.
They thought it would work bc people would buy more domestic products. What happened was other countries also enacted tariffs and it hurt exports, worsening the depression.
@ pretty sure he means “why did the lawmakers at the time think tariffs would alleviate the Great Depression?” but I could be wrong
How ironic, that such an iconic movie, in one of its most memorable scenes, says it all.
Right?
Anyone paying attention? Anyone?
@@juliejanssen7637 Trump cult members did not pay attention in class 😥
@@amberturdcoloringbook1733 Do you know how long it's been since a president has used a tariff?
Seems as though said tariffs were used as a way to reduce the effects of the Depression. This administration seems to be using these tariffs as a form of economic extortion. Almost feels like a bluff, too. Either way, I can’t see these other countries caving.
This video does not explain WHY tariffs don’t work. Ben Stein just says they didn’t work, and that we sunk deeper into a depression because they didn’t work…
When you can finally understand what Ben Stein was talking about.
we were almost out of the inflation... now we'll get a recession... followed by a depression
@@ferryseegers9246 lol. Oh my .. that was a knee slapper. 🤣🤣
@@IsaakThiessen-u7b He crashed the economy last time.
@@IsaakThiessen-u7b It's not as amusing when you actually know what the words mean.
@duckster313 Keep working at it. You'll get there champ.
Almost what sign show potential recession under current administration
This is exactly how I feel when trying to explain how tariffs work. The look on the students faces says it all. 😂
he didnt even explain anything about how they work
Ironically Ben Stein is now among the brainwashed. Didn’t take his own class, apparently.
Wow....Let's show this to Fox News, MAGA and Trump
Although faux news knows very well that they are spreading propaganda - their anchors make upwards of 10million and have jumped on the greed train
And Biden. We get a lot of resources from them. Wheat I believe is a huge one for us And inflation and trade got worse
It would only go over their empty heads. 😢
Yeah, like 6 months BEFORE the election, OOOPS too late NOW!
Trump could never follow this! He’s dumber than dirt!
I imagine their facial expressions are similar to that of Trump’s when he’s given a briefing document that doesn’t have any pictures.
What I love most about this scene is that Ben Stein wasn't acting. He was told to talk about something he was interested in.... as a result, the "Students" weren't acting either.... LOL. I'll bet some of them wish they'd listened now. LOL
Still doesn't explain WHY tariffs don't work.
The kids in this movie are now the adults who voted FOR tariffs.
It'll be interesting to see what happens to the US economy in the next year, and the reactions to it.
Seeing as how China uses slave labor and has the worst human rights violations of any manufacturing nation, and seeing how those tariffs are designed to bring the sale prices UP, thus encouraging local manufacturing in a humanitarian country, I'd say this argument against tariffs is blind to the actual realities. Tariffs today are not to increase government revenue, they are to make trade against human rights violating nations more difficult. Why are the same folks demanding high taxes on local corporations, and demanding no taxes from imports? Doesn't make sense.
@stephen-dev because thats your opinion and not a fact.
@@Croakin I have no idea why you would even grant him that lol.
@@Croakin it is best to remain silent and let us all think you a fool than for you to post your ignorance and remove all doubt. Next time, try reading a book and learning before posting.
We are in for an interesting 4 years of failure and blame shifting.
Like the last four years under Biden’s administration?
They'll never hold Trump and his administration accountable.
Why does everyone keep saying this, like there will be an election in 4 years?
Brother, you're doomed. It's over. Starting January you will be a slave in a fascist police state where government officials have ZERO accountability
Sadly.😢
You mean another 4 years ??? All iv heard from the last 4 years is trump trump trump ffs duat yourself off and stop crying ✌️
The resemblence to Trump voters on this video is uncanny...😂😅😂
Sighs ..so does he also promote division like Democrats?
@@KennethKendall-z3k oh, no! you're right. you are all a bunch of geniuses. who doesn't want a department in the federal government named after meme? you have RUINED the US and will be hated forever. wear your stupidity however you want.
@@KennethKendall-z3kPlease shut up
@@KennethKendall-z3k
Trump promotes division like Trump
@@KennethKendall-z3k Dems and division are two words that dont go together in thid universe. Get back from that twighlight zone if you wanna talk serious stuff...fyi
Those that don't know history will repeat it.
That was Rump sitting in the back row, asleep
Can men get pregnant
😂
You Biden supporters are the ones asleep.
Biden has tariffs, increased Trump one that were kept.
Engage your brains, hypocrites
Trump would exactly look the same when hearing this.
Mr T. went to a business school but blocked to publish any of his grades. One of the teachers said he was his worst student by far, though.
Yes because that teacher is lazy and slow and couldn't run an economy if his life depended on it. Liberals are that t3acher 😂😂😂😂
@@americanpatriot.n1
"That teacher is lazy and slow and couldn't run an economy."
I'd be willing to bet that "that teacher" has a better understanding of economics than you have. Someone's personality is often not reflective of their knowledge or ability.
Btw, he's playing a role in a comedy.
No, he'd just snort another line and begin talking about how half of the country supported him.
The ignorant ones......
That first student wasn't Trump?
Every time Josh Hawley is mentioned, I think of the Hawley-Smoot Tariff.
Those kids grew up, and VOTED! HAHAHAHA
I worked thru the first wave of tariffs as an engineer designing machinery for the factory I worked in. Overnight, costs for everything I purchased went up 25%.
Nobody else cared that that money which might have paid for our raises or to hire more people was just gone. People just don't care to look into things, even if it's in their best interests.
Most of these products can't be purchased from American manufacturers, or if they can, are made in such low volumes that they're 2-3x the price of their Asian competition.
Nobody noticed because by the time it would have become obvious to all US consumers, Covid hit and took the blame for many things
"Most of these products can't be purchased from American manufacturers"
Not yet. That's because it is cheaper to buy Chinese. Make Chinese more expensive and factories will come into existence. But yes, even then, more expensive because Americans are more expensive. But you might have a job that did NOT go to China.
@@thomasmaughan4798why do you think it's cheaper in China?
@@futuza "why do you think it's cheaper in China?"
Many reasons but two come to mind: The current leadership has embraced capitalism with a vengeance, and things like minimum wage and safety standards either do not exist or tend to be ignored. The worker situation at Foxcomm, maker of iPhones, is fairly well publicised.
It is still "communist" in name, Chinese Communist Party, but capitalist at the same time. Spend some time watching Chinese Street View; what the Chinese have done is incredible after a few decades of terrible. High speed rail, modern cities, and even the surveillance system is incredible; reportedly 8 million cameras in Shenzen. About every two city blocks and not just one camera but one for each *lane* of a road. Who is watching all that? Nobody! It is all automated, AI, plate readers and face recognition. There's likely a reason iPhones are made in China since iPhones also have AI face recognition, voice recognition. Even my older Android phone knows what I am talking about and I don't have ANY voice command enabled.
Anyway, anything made in China, if it has a network connection, can be told to stop working *even if* it does not otherwise reveal secrets to the Chinese. My drone may suddenly decide to not fly. But of course not just Chinese stuff; my Adobe Photoshop Essentials decided one day to stop working and that was the end of that. Anything subscription can be turned off.
But your question was cheaper. But cheaper isn't the only aspect worth considering. National security is a big part of the job of President of the United States and so electronics used in the United States ought to be manufactured in the United States. But give it some time because right now, nobody beats DJI at drones. Nobody comes *close* to DJI for consumer drones.
@@thomasmaughan4798 Cool. So if you want to bring down the prices from home manufactured products in the US, you have to also do the same things: get rid of minimum wage and safety regulations, invade privacy to a disgusting degree, and turn considerable power over from the people and free market directly over to the government. The only way you compete with China, is by doing what they do: slave labor.
Trump will have us in the great depression 2.0 in no time. Whew!! Go maga!! Make America live on the streets again!!
Ten cents an apple
😂😂😂
Brother Kamala would just be cackling down the street as you paid her to inhale oxygen for no reason. Please relax 😂
🤣🤣common sense is the super power now days
@@anthonycaldwell8473 "common sense" is a mindless appeal to morons.
Trump couldn’t understand this. It’s high school level.
Trump can't even understand elementary school. I've seen kids read better than he can.
Well he is a higschool bully role-playing as a president so...
I believe he knows, he just doesn't care. Helping the American people has never been part of his agenda.
He may be dumb, but he can at least form a thought into a sentence.
@@mattschmitt9924 Maybe, but if his sentence doesn't make sense, then it's no better than saying nothing at all.
As a kid growing up I laughed because the word Smoot sounded funny 😂
The shrieking irony of Ben Stein of all people giving this lecture. The guy is as Republican as you can get.
Right, because Tariffs were a core Democrat thing through the 70s, 80s and 90's. Unions loved tariffs because they reduced foreign competition. So, in 1986 (when the movie came out) Stein, a Republican, would have been very much against Trumps tariffs. But, Democrats would have loved them.
Which points out that the current god of Republicans is actually a 1990s NY Democrat con artist who talks a good game, and says all the right things to get elected as a Republican. Remember, Trump only switched to Republican when Obama was elected, because Trump was a major "birther".
@@craigcicerello4289while what you said is true, you left a lot out. Tarrifs are different when you actually manufacture goods yourself, within your own borders. Unions wanted tariffs to encourage people to buy American and try to stop big businesses from sending all manufacturing over seas. Well that did not work, because they are greedy and Americans prefer cheap. Almost everything is manufactured over seas now. So the comparison is pretty useless, because the US economy and US manufacturing is wildly different today than it was when Democrats and unions where trying to use them.
@@craigcicerello4289 Democrats ultimately chose free trade agreements like NAFTA so you are skipping a lot of inconvenient facts
@@lazerbeam134exactly.
@ Dems and unions supported tariffs in the 70s and 80s, but the 90s brought NAFTA and the offshoring of a lot of US manufacturing. There's a big difference b/w tariffs to support already existing American industry and tariffs to encourage the development of manufacturing onshore. It effectively imposes a huge sales tax on anyone who needs those goods while they don't have the option of buying those things from U.S. suppliers.
Instead of taxing consumers, Biden's approach was to invest in American manufacturing and high-paying union jobs, thus more quickly developing U.S. made products that could be offered at a more fair price.
Great. I get to live through a depression in my 40s. My mom in her late 60s
looking at the kids all dumbfounded and drooling does explain to me how Republicans came to be though!!!
OH MY GOODNESS IS THIS HILARIOUS 😂..😂
This was both fascinating and very informative. One of the best and honest talks I’ve heard in a while.
Thank you, Mr. Wolff.
We were smarter in the 70s before Carter put in the NEA. I am for getting rid of the NEA. Give the money and power back to the states and the local where it belongs. I am a teacher right now and it obvious to me how much more stupid kids are now. Not their fault.
Weakening this country is a feature, not a bug. That goes for the man, as well as his voters.
That's certainly MAGA voters' objective. Before voting for Trump in 2016, many of them actually stated that they just wanted someone to 'get in there a f everything up.'
He's the guy. 6 bankrupted businesses on his resume.
Never attribute to malice what can ultimately be attributed to stupidity.
Yeah, because the cackling clueless airhead would have been so much better. 🙄
Yet fact is from 2016-2020 this country was running strong under Trump. It went right into the gutter when Biden took office.
And his Russian handlers.
40 years later, I can finally say Ferris is my hero!
Tariffs work great because its about time things were made in America and built to last.
We’re already reliving “To kill a Mocking Bird” and the “Handmaids Tale” why not “Ferris’s Day Off?”
Reliving? I don't think anyone lived them the first time...
@@harringt100 Then how did we get those documentaries? Are you saying they were staged? /s
Idiocracy
Actually told my husband last night Im glad John Hughes family wont let the movie be remade. They wouldn't work with todays culture.
if only we could also have Groundhog Day to have several chances to get things right
It doesn’t matter. He doesn’t want to understand it and his deplorables would care less.
Their belief is that going after ppl in vulnerable situations will improve the economy 😭
Y'all have some short term memory issues or something? "Tarrifs don't work". Do you understand the goal of Tarrifs? Remember last time? Better trade deals being struck around the world? The goal of tarrifs is always leverage. And as America is the #2 consumer nation in the world, there's a lot of leverage to be had. It worked almost immediately last time and right now the EU and China are scrambling to put proposals together to avoid a raise in tarrifs.
@@eats4cheaps305 You and the USA government seem to have forgotten that Europe is your ally. We won''t forget your betrayal.
They will just label this as "Fake movie"
Paranoid much
@@maxman8789Hush
@@MikeBree haha another paranoid
no, they will just attack you and your character. They just deflect everytime.
@@zippySquirrelface ironic huh, step through the mist of your hatred and you will find the rage you're looking for
Now when you see your family on Christmas make all the kids watch this 7 times so they remember it and start repeating it around their parents for months.
I was the original person to clip this, put it into the context of Trumps tariffs and put it on TikTok. I am so glad this went viral!!❤
Congrats, and thank you! I wish everyone in the USA would watch this clip... and understand it. Unfortunately, half of our country are just as slack-jawed and empty-headed as the kids in this scene.
Thank You, I'ts been years since I've seen this movie, I forgot how dead pan this scene was! For a moment I thought it was The Breakfast Club, Thanks for the Title and Context.
WHY didn't you do it BEFORE the election???
Nobody asked nobody cares 😂
@@donaldcarpenter5328 probably because there was an assumption that most American adults would know what a tariff was by then. Or that adults would take ten seconds to educate themselves *before* voting. I mean, it’s not like most Americans don’t have the entirety of human history available to them in the palm of their hands to answer questions should they want to be an informed voter.
Oh I do hope the dripping sarcasm came across just then. (Not at you, just… them.)
I never in my wildest dreams ever thought that the movie idiocracy would actually become real life.
"I never in my wildest dreams ever thought that the movie idiocracy would actually become real life."
And then Joe Biden was elected.
I been saying this for a month now. It explains it all in Ferris Bueller.
actually no h said it didnt work but not why it didnt work. the stock market was being manipulated and it made it unstable. no matter what they did until the stock market was no longer manipulated would ultimately fail. thats a very huge thing to leave out isnt it.
Should probably question your intellect if you are using fictional movies to explain a point. Thats not how real grownups discuss.
@@goosedogtransam1020 I know a movie told me that meat would stay in my bowels for over thirty years! Some things are just propaganda.
Trump would definitely fit in with this class- doesn't understand it, and doesn't care.
Hmm something else happened in the 1930’s.. anyone, anyone?
The rise of a German fella named Adolf... Anyone? .... Anyone?....
Adolf Hitler became a prominent figure. Early 1930s.
Great point!
@@Tophtoph24 A certain German fella with the initials A.H. rose to power and bamboozled the German people into hatred, scapegoating, and dismantling the government to its core. Wait, no, that'll be the US in 2025.
I googled "mass deportation in the 1930's" and this is what came up:
"During the Great Depression, the United States deported and repatriated Mexican Americans and Mexicans between 1929 and 1939, in a period known as the Mexican Repatriation. Estimates of the number of people affected range from 300,000 to 2 million, with 40-60% of those being US citizens, many of whom were children born to first-generation immigrants."
But, hey, what does a born-again Christian Puerto Rican like me know about U.S. history or how to use the Internet to do my own research? I'm just a guy from the "island of garbage".
Showing Drumpf this? He'll tell you they (the experts and the educated on this matter) are liars.
He is the expert. 😂😂😂
So true
They'll just tell you this is a targeted attack on Trump by the Dems initiated 38 years ago. Because, you know, Dems have space lasers, weather generators AND time machines...but still can't seem to "rig" an election.
How does it feel to have trump derangement syndrome since 2015?
@@Tottenhamshit69
Looking forward to see you eat your maga hat and shoes.
@@Tottenhamshit69 How does it feel to defend and support a known liar, cheat and felon?
thats the grew up ingesting lead stare right there
and yet republicans never learn
Good thing we're not in a depression.
I'm sure everything will be A-OK now!
Right? Right?! 😭
FOR NOW!Trump is not president yet,wait till jan 21 😂
As Waylon Jennings once sang "WRONG!"
@@DannyTimms-j8qfrom historic example? Yeah, I would say so. Something Republicans could bother looking into, instead of just listening to their favorite brand of fascist.
@@DannyTimms-j8q history and a 10th grade understanding of how things work before forming an opinion on them? Thank God you figured it out!
@@DannyTimms-j8q you look at something done in moderation doing well and think "alright cool, let's do as much of that as possible", because you are a simple minded fool. You are right, the moderate tarrifs placed in strategic places did help localize manufacturing. Placing a broad strokes tarrif on imports from a country will only serve to raise prices by an equal amount on things that we NEED to import from them.
Read a book, if you had you might have learned about this tarrif policy and it's affects from somewhere other than here.
This is great. Sad but true
just say "they are a kind of tax" when you need to tell someone what a tariff is.
Tariffs didn't work in Trump's first time. One would expect that Americans' memory worked for longer than 3 years.
"Tariffs didn't work in Trump's first time"
They worked well. Remember when gasoline was $2.80 a gallon?
@thomasmaughan4798 yeah because he crashed the economy.
if they didnt work, why did they keep them? AND RAISED THEM ANOTHER 18%!
@@thomasmaughan4798 WTF? Tariffs have nothing to do with gas prices. Gas prices were lower in the 2010s because Russia didn't invade Ukraine and cause an international supply shortage until 2022.
@@XandateOfHeaven "Tariffs have nothing to do with gas prices."
Unless of course the tariff IS on petroleum but I believe we are talking about manufacturing and China, primarily.
It is trivial to look at my receipts and see a big jump almost to the day Joe Biden took office and canceled the keystone pipeline as well as drilling leases. That was his campaign promise and, odd as it may seem, one he kept with predictable results. Obama also boasted of going to cause much higher energy prices, and he was right! Obama; gasoline $4. Trump, gasoline $2.80. Biden, gasoline $4. That's here. Californians add $3 to each of these figures.